Software Alternatives, Accelerators & Startups

CurrencyFair VS SimpleFX

Compare CurrencyFair VS SimpleFX and see what are their differences

CurrencyFair logo CurrencyFair

No bank rip-offs transferring money internationally

SimpleFX logo SimpleFX

SimpleFX is a powerful CFD trading platform that enables you to trade a variety of financial instruments, including stocks, commodities, indices, and currencies.
  • CurrencyFair Landing page
    Landing page //
    2021-09-22
  • SimpleFX Landing page
    Landing page //
    2023-09-12

CurrencyFair videos

Transferwise vs CurrencyFair - Which One Is Better

More videos:

  • Review - Foreign Currency Exchange Easier, and CHEAPER?! [CurrencyFair] (2020) | Expats Everywhere
  • Review - CurrencyFair Review

SimpleFX videos

SimpleFX Review - Real Customer Reviews

More videos:

  • Review - SimpleFX Exchange Video Review by FX Empire
  • Review - Broker Review: Checking out SimpleFX! Forex, Crypto, and Indices Broker!

Category Popularity

0-100% (relative to CurrencyFair and SimpleFX)
Online Payments
100 100%
0% 0
Finance
14 14%
86% 86
Money Transfer
100 100%
0% 0
Investing
0 0%
100% 100

User comments

Share your experience with using CurrencyFair and SimpleFX. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare CurrencyFair and SimpleFX

CurrencyFair Reviews

Top 7 Wise Alternatives
Another cost you should be aware of is the receiving bank charges in countries where CurrencyFair doesn’t have a local bank account (they don’t have local bank accounts in Canada and New Zealand yet, so receiving CAD and NZD can be relatively expensive for smaller amounts as the receiving banks charge a fee usually $15 – $30).
Source: transumo.com

SimpleFX Reviews

We have no reviews of SimpleFX yet.
Be the first one to post

Social recommendations and mentions

Based on our record, CurrencyFair seems to be more popular. It has been mentiond 7 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

CurrencyFair mentions (7)

  • How to buy US based ETFs from outside of the US (SCHD, JEPI etc)
    They only support bank wire transfers or transfers via currencyfair which is cheaper and quicker than a bank transfer. Their conversion rate is really nice (at least for EUR/ USD) but you will be charged an extra 20$ per transaction because of a 3rd party bank that comes into play. Source: over 1 year ago
  • Foreign conversion rates
    Use either Currencyfair https://currencyfair.com/ or Wise https://wise.com/. I have used both and I have a slight preference for Currencyfair for one-off transfer. Source: over 1 year ago
  • $$$ TOP AFFILIATE PROGRAMS 2022 $$$
    CurrencyFair -- Earn €20-200 Per Transfer -- https://currencyfair.com -- Finance. Source: almost 2 years ago
  • Multi currency account ING
    I should be much cheaper for you if you use sites like wise.com or currencyfair.com or other similar. Also change rate in ING might be different for others. Source: over 2 years ago
  • Soon to be US-expat for the first time. Looking for any and all advice.
    In the Netherlands, many places do not accept credit cards. They accept Dutch debit cards, or cash. Cash is not commonly accepted either. It's weird, it's annoying, but I recommend applying for a debit card ASAP upon arrival. ING or ABNAMRO are the primary options, both suck, but it is what it is. The best rate for transferring money has been https://currencyfair.com/ imo. Source: over 2 years ago
View more

SimpleFX mentions (0)

We have not tracked any mentions of SimpleFX yet. Tracking of SimpleFX recommendations started around Mar 2022.

What are some alternatives?

When comparing CurrencyFair and SimpleFX, you can also consider the following products

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

EagleFX - EagleFX is an online forex and crypto broker that offers competitive spreads, fast execution, and 24/7 customer support.

Valora - Send money like a text message to anyone worldwide

FXChoice - FXChoice is an Electronic Communications Networks broker that offers Contract For Differences and Forex trading on the most popular platforms.

Monito - Comparison site for international money transfers

KOT4X - KOT4X is an online platform for Forex trading, Crypto, and CFD Broker that offers a wide range of tradable assets, including Forex, Cryptocurrencies, Gold, and Oil.